Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments. Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable $ Current Year $ 375,911 99, 129 0 Prior Year $ 235,231 102,691 89,640 Horizontal Analysis - Calculation of Percent Change Numerator: 1 Current Year 375,911 $ 99,129 0 Prior Year 235,231 102,691 89,640 Denominator: Dollar Change Percent Change % % %

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter2: International Flow Of Funds
Section: Chapter Questions
Problem 4IEE
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Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a
minus sign. Round percent change to one decimal place.)
Short-term investments
Accounts receivable
Notes payable
Percent Change
Short-term investments
Accounts receivable
Notes payable
GA
Current Year Prior Year
$375,911 $ 235,231
99, 129
102,691
89,640
0
Horizontal Analysis - Calculation of Percent Change
Numerator:
1
1
Current Year
375,911
99,129
0
$
Prior Year
235,231
102,691
89,640
Denominator:
Dollar Change
Percent Change
%
%
%
Transcribed Image Text:Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable Percent Change Short-term investments Accounts receivable Notes payable GA Current Year Prior Year $375,911 $ 235,231 99, 129 102,691 89,640 0 Horizontal Analysis - Calculation of Percent Change Numerator: 1 1 Current Year 375,911 99,129 0 $ Prior Year 235,231 102,691 89,640 Denominator: Dollar Change Percent Change % % %
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